Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.
Treasury bill yields ended mixed at Monday’s auction as persistent inflation risks, slowing growth concerns, and global market uncertainty continued to keep borrowing costs elevated.
The Government Service Insurance System (GSIS) has welcomed Rolando Toledo to its board of trustees, while commending outgoing trustee Beatriz Torno for her long-standing public service. This move supports the state pension fund’s goal to strengthen governance and improve services for members and retirees.
The Financial Stability Coordination Council (FSCC) confirmed on Monday that the Philippine banking system is stable and resilient, even as it flagged major risks that could directly affect businesses and households.
The Department of Environment and Natural Resources (DENR) said Monday it understands public concerns over tree cutting, including issues at Quirino Avenue and the Berong Nickel Project in Palawan. It said the policy is clear: no tree may be removed without legal basis, environmental safeguards, and mandatory long‑term rehabilitation plans.
The Department of Energy (DOE) is moving forward with plans to bring electricity to more than 100,000 currently unenergized households across the Philippines, through an upcoming competitive bidding process for microgrid services.
The Department of Agriculture (DA) is leading a major drive to expand the palm oil industry, aiming to cut the country’s heavy reliance on imports and build a local supply base that can also serve as feedstock for cleaner fuels.
The National Dairy Authority (NDA) and Central Philippines State University (CPSU) have partnered to develop a 50-hectare dairy stock farm in Barangay Camingawan here, aiming to strengthen production, breeding, research and training across the Negros Island Region.
The Province of Cebu is accelerating its digital transformation via a formal collaboration with PLDT Enterprise to boost connectivity, workforce efficiency, and public service delivery.